4 ms·
So, this would be the equivalent of putting the business office up as collateral for a business loan?
by smpetrey 11y ago
So, this would be the equivalent of putting the business office up as collateral for a business loan?
- ssteinb 11y agoMore or less. I like to describe it as a 100% seller-financing deal, with the business itself as collateral, so you get the business back if you aren't paid what we agreed in the given amount of time.